Puma Shares Reach New Heights Amid Speculation of Stake Sale Puma, the renowned sportswear maker, has recently made headlines as its shares experienced a significant surge in value. This sudden boost came in the wake of reports suggesting that Artemis, the holding company of France’s influential Pinault family, is contemplating the sale of its substantial […]
Pinaults’ Artemis Says Not Facing Financial Strain Despite Kering Woes
Pinaults’ Artemis Says Not Facing Financial Strain Despite Kering Woes Artemis, the holding company of the Pinault family, has recently made headlines with reassuring news amidst concerns over its financial health. Despite a noticeable increase in standalone debt, Artemis has swiftly moved to dispel any notions of financial strain, citing the spike in debt as […]
Why Kering Picked a Fashion Outsider to Be Its Next CEO
Why Kering Picked a Fashion Outsider to Be Its Next CEO In a bold move that has surprised many in the fashion industry, Kering, the luxury conglomerate behind iconic brands such as Gucci and Saint Laurent, has announced its decision to appoint Luca de Meo as its next CEO. What makes this decision particularly noteworthy […]